Northwire Canada EditionMonday, October 19, 2026
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M&A / Property

Bitzero acquires eight NVIDIA Blackwell B300 servers

BITZ · Price

Executive Summary

  • Bitzero Holdings Inc. has acquired eight NVIDIA Blackwell B300 servers (64 GPUs) to launch an AI compute pilot at its Namsskogan, Norway facility.
  • The deployment, expected in Q1 2026, marks the company's first direct investment in GPU hardware and its official entry into neocloud operations.
  • Bitzero will partner with Hydra Host, leveraging its Brokkr platform for GPU lifecycle management and customer distribution, transitioning the company from a pure infrastructure provider to a direct AI compute operator.

Key Details

  • Hardware Acquisition: 8 air-cooled NVIDIA Blackwell B300 servers totaling 64 GPUs utilizing NVIDIA's latest Blackwell architecture.
  • Deployment Location: Bitzero's low-carbon data centre in Namsskogan, Norway.
  • Timeline: Deployment expected to be completed in Q1 2026.
  • Financing: Bitzero financed the initial deposit for the hardware; specific deposit amount, per-unit cost, and financing structure were not disclosed.
  • Partnership Structure: Hydra Host will act as platform and distribution partner, providing GPU lifecycle management (provisioning, monitoring) and granting Bitzero access to its global network of enterprise and AI-native customers via the Brokkr platform.
  • Strategic Shift: Marks Bitzero's transition from a pure infrastructure/power provider to a direct compute operator generating revenue directly from AI workloads rather than just power and space.
  • Pilot Objectives: Validate GPU operations on existing infrastructure, establish the operational framework for future expansion, and scale neocloud operations based on demand and pilot results.

Notable Quotes

  • "This GPU deployment represents a strategic milestone for Bitzero," said president and chief executive officer Mohammed Bakhashwain. "We are transitioning from pure infrastructure provider to compute operator. By deploying cutting-edge Blackwell GPUs at our Norway site and partnering with Hydra Host for distribution, we are positioning the company to generate revenue from AI workloads directly -- not just from power and space. This pilot lays the groundwork for scaling our neocloud operations as demand and results warrant."
Read the original news release →

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